FuelCell Energy targets manufacturing capacity expansion with $200 million common stock offering

FuelCell Energy, Inc.

FuelCell Energy, Inc.

FCEL

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  • FuelCell Energy launched an underwritten public offering of USD 200 million of common stock to fund a manufacturing-capacity expansion.
  • Net proceeds are also earmarked for working capital and general corporate purposes, positioning the company to support growth.
  • Citigroup, Barclays will act as joint book-running managers; the offering remains subject to market conditions.


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